Stardust Power appoints Chris Celano COO; enters $550K securities placement

Stardust Power Inc.

Chris Celano named COO effective Jan 1, 2025; base salary $350K, $1.5M RSU pending.
Paramita Das designated executive officer as Chief Strategy Officer; salary $500K.
Company signed term sheets for $550K private placement of common stock (95% of bid) and warrants; closing Jan 2025.
Proceeds to be used for capital expenditures, working capital, and general corporate purposes.
Das indirectly lent $250K to company at 15% interest, maturing March 2025.

item 1.01 item 3.02 item 5.02 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Role change

Paramita Das

Chief Strategy Officer

SDST · Stardust Power Inc.

Effective: 2025-01-01
Filed: January 7, 2025, 6:59 PM ET

Additionally, on January 7, 2025, the Company made certain organizational changes, and in connection therewith, determined that in light of Paramita Das’s responsibilities and authority as Chief Strategy Officer and Senior Advisor to the Chief Executive Officer, Ms. Das shall be designated as an “executive officer” of the Company within the meaning of the applicable rules and regulations of the Securities and Exchange Commission, and as an “officer” of the Company for the purposes of Section 16 of the Securities Exchange Act of 1934, as amended, effective January 1, 2025.

Appointed

Chris Celano

Chief Operating Officer

SDST · Stardust Power Inc.

Effective: 2025-01-01
Filed: January 7, 2025, 6:59 PM ET

On January 7, 2025, the Company announced the appointment of Chris Celano as the Company’s Chief Operating Officer, effective January 1, 2025.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.9

Paramita Das changed role as Chief Strategy Officer at Stardust Power Inc..

Action: designated
Role: Chief Strategy Officer

Exact text from the filing

Additionally, on January 7, 2025, the Company made certain organizational changes, and in connection therewith, determined that in light of Paramita Das’s responsibilities and authority as Chief Strategy Officer and Senior Advisor to the Chief Executive Officer, Ms. Das shall be designated as an “executive officer” of the Company within the meaning of the applicable rules and regulations of the Securities and Exchange Commission, and as an “officer” of the Company for the purposes of Section 16 of the Securities Exchange Act of 1934, as amended, effective January 1, 2025.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Chris Celano was appointed as Chief Operating Officer at Stardust Power Inc..

Action: appointed
Role: Chief Operating Officer

Exact text from the filing

On January 7, 2025, the Company announced the appointment of Chris Celano as the Company’s Chief Operating Officer, effective January 1, 2025.

View on SEC.gov

Stardust Power Inc. filing history →

Source: SEC EDGAR

accession 0001493152-25-001118

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